Property Market News
‘Rents in Inner London are on track to reach pre-pandemic levels by the middle of 2022’ – Hamptons
"Rents in Inner London are on track to reach pre-pandemic levels by the middle of 2022," says Hamptons.
A ‘normal market beckons’ says Rightmove, as asking prices dip
2022 will be "closer to normal market conditions", says Rightmove, as it predicts 5% property price inflation over the next 12 months.
Property sales falter as supply drought continues – RICS
“Unless this trend is reversed soon, transaction levels may flatline in 2022 with limited choice proving more significant than any shift in the interest rate environment for new buyers," warns the Royal…
Pandemic property boom ‘may have peaked in some parts of the world’ – Knight Frank
Half of the locations tracked by Knight Frank's Global House Price Index have seen double-digit property price inflation in the last year - but growth rates in some of the punchiest world markets now…
‘Balance will be restored’: Key trends for international luxury property markets in 2022
“After a record-breaking year in luxury real estate, we anticipate that some balance will be restored to the market,” says Luxury Portfolio International after surveying nearly 5,000 affluent consumers.
Country home renaissance to continue in 2022, predicts Jackson-Stops
National estate agency predicts 3% growth for average UK property prices, with prime country houses set to out-perform at +5%.
‘Covid-era [house-buying] activity set to eclipse everything since the credit crunch’ – UK Finance
“The combined boost to [property market] demand from stimulus measures and societal changes has more than offset any dampening effects from Covid-19 and wider adverse economic factors," says banking…
Omicron threatens to blow London’s property market recovery ‘off course’
Demand for London property has clearly perked up, says Knight Frank, but the trend is "dwarfed by what took place in 2020 as the escape to the country trend took hold."
Market Snapshot: New York’s ‘phenomenal recovery’
Knight Frank predicts that Manhattan property values will increase by 5% in 2022 - the highest rate of inflation in seven years.
Rightmove predicts 5% growth for UK house prices in 2022; 3% in London
The housing market is likely to move at a "less frantic pace" in 2022 compared to the last 18 months, says Britain's biggest property portal.
Mortgage lending dropped sharply as the Stamp Duty holiday ended
"Parts of the market are beginning to normalise after a remarkable burst of activity," comments Savills' research chief, Lucian Cook.
UK house prices to rise 20% in the next five years, predicts JLL
Property price inflation "will be driven by mortgaged households who have seen high wage growth, housing equity growth over the past decade and can now also access historically low mortgage rates," says…